Q1 2020 Singapore Telecommunications Ltd Earnings Presentation (Pre-recorded) Transcript

Aug 08, 2019 / 12:30AM GMT
Presentation (Pre-recorded)
Aug 08, 2019 / 12:30AM GMT

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Corporate Participants
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* Sock Koong Chua
Singapore Telecommunications Limited - Group CEO, Executive & Non-Independent Director and Member of Optus Advisory Committee

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Sock Koong Chua - Singapore Telecommunications Limited - Group CEO, Executive & Non-Independent Director and Member of Optus Advisory Committee

Thank you for joining us for Singtel's Results for the First Quarter ended 30th June 2019.

Before getting into the results, I'd like to highlight that with effect from the 1st of April 2019, the group has adopted the new Singapore Financial Reporting Standards (International) for leases. The financial impact on the group's net income is not material with lower operating expenses offsetting increases in depreciation and finance expense. Details are provided in our MD&A.

We continue to invest in network, content and technology to create competitive advantages and extend our market leadership in telecom

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